Do insurance companies care if your car is modified?

[Theturbo551]

Found out you have to tell them about your modified vehicle (doesn't go up a huge amount necessarily) otherwise your insurance can be void. But does this mean you can get arrested if you get caught with void insurance?

[gw84]

Originally Posted by fredjacksonsan

Yes; and ANY modification, including upgraded stereo, isn't covered if it's not reported. Also, there are limitations to what will be covered, so read your policy or talk to an agent to find out what those limitations are.

My insurance company didn't ask if I had any mods. Should I tell them that I have an aftermarket stereo worth $XXX? or will that raise my rate? It's just a stereo after all! A fender bender will likely not damage the stereo!!

[Theturbo551]

If you hold out a little on telling them everything they could possibly void your insurance thus making you pay for both parties if it was your fault. Learned some new information then before. So if you want them to insure every thing tell them other wise you could pay for everything. As for getting arrested I don't think they will but worse case scenario and you get arrested you can just say you are willing to pay for both parties.

[Cl0ak]

Originally Posted by Theturbo551

Found out you have to tell them about your modified vehicle (doesn't go up a huge amount necessarily) otherwise your insurance can be void. But does this mean you can get arrested if you get caught with void insurance?

If you have no insurance you can count on a ticket and having your car impounded.

Originally Posted by Theturbo551

So, you pay. And how much more would it be if you told them it is modified? Would they even still be willing to insure it?

Medical bills can reach hundreds of thousands of dollars. If you have a few million laying around thats all fine and dandy.

2 cars worth 25k a piece to repair.
150k medical bills one person.
50k medical bills another person.
5k medical bill for yourself.
Lawsuit.

Adds up quick.

[fredjacksonsan]

"Void" means that it is as if your policy never existed. So tell your company what changes you've made to your car - you do NOT want to ruin your finances for the rest of your life because you didn't want to pay another $20 a month or something. Cover your ass.

[fredjacksonsan]

As a matter of fact, there's another thread, here, where the guy may be facing a situation of having no insurance. I'd recommend reading it.

[Theturbo551]

So you would / should tell them about you say 600 HP civic for example. For example they will be willing to insure you like Geico right?